Brazil’s Legal Online Betting Market Expands to 175 Websites — List Updated by Ministry of Finance
On Tuesday, April 22, the Brazilian Ministry of Finance updated the list of companies officially authorized to offer online betting services nationwide.
According to the latest data from the Secretariat for Prizes and Betting (SPA), 71 betting companies currently operate legally in the country, managing 154 betting websites.
Market Overview
The regulated betting market launched in Brazil on January 1, 2025, with 66 companies authorized by the Secretariat for Prizes and Betting. By that time, the federal government had already collected $370 million in licensing fees.
Since April, the number of companies and websites has grown significantly:
| Category | Number of Companies | Number of Websites |
|---|---|---|
| Authorized by SPA | 71 | 154 |
| By Court Order | 9 | 21 |
| Total | 80 | 175 |
How Court-Authorized Sites Operate
The updated list includes nine companies operating under court orders. These operators continue their activities based on judicial rulings and offer fixed-odds betting nationwide. Such permissions allow temporary operations even without an SPA-issued license.
Federal Licensing Program
The licensing program was introduced to regulate and oversee the online betting sector. Operators pay substantial fees to the state for the right to operate in the legal market. This ensures:
- Increased transparency in operator activities
- Player protection and safety of their funds
- Additional revenue for the federal budget
List of Authorized Companies
To access the most up-to-date list of all licensed companies and betting websites operating in Brazil, you can follow the official link to the Ministry of Finance’s website.
The list includes company names, active website addresses, and license type information.
The Role of the SPA in Regulation
The Secretariat for Prizes and Betting (SPA) is the key regulatory body overseeing the legal betting sector in Brazil. Its responsibilities include:
- Verifying companies’ compliance with legal requirements
- Issuing and revoking licenses
- Maintaining the official register of authorized operators
Market Growth Dynamics
The increase from 66 to 80 companies over a few months reflects the rapid development of the legal sector. The growing number of licensed websites also indicates strong interest from both international and local operators in the Brazilian market.
The legalization of betting also stimulates job creation, investment, and the modernization of digital infrastructure. This is particularly important in the context of developing the entertainment industry and the digital economy.